Grand Canyon Education (NASDAQ:LOPE) Earns “Outperform” Rating from Barrington Research

Grand Canyon Education (NASDAQ:LOPE)‘s stock had its “outperform” rating restated by equities researchers at Barrington Research in a note issued to investors on Thursday,Benzinga reports. They currently have a $230.00 price objective on the stock. Barrington Research’s target price would suggest a potential upside of 29.22% from the company’s current price.

Other research analysts have also issued reports about the stock. Zacks Research lowered shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings cut Grand Canyon Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 13th. Finally, Wall Street Zen lowered Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Grand Canyon Education currently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Grand Canyon Education Trading Down 1.0%

Shares of LOPE opened at $177.99 on Thursday. Grand Canyon Education has a 12-month low of $149.83 and a 12-month high of $223.04. The company has a market cap of $4.98 billion, a PE ratio of 23.99, a price-to-earnings-growth ratio of 1.19 and a beta of 0.75. The stock has a 50-day moving average price of $165.67 and a 200-day moving average price of $184.98.

Grand Canyon Education (NASDAQ:LOPE) last announced its earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.78. Grand Canyon Education had a net margin of 19.38% and a return on equity of 32.41%. The business had revenue of $261.14 million for the quarter, compared to the consensus estimate of $259.97 million. During the same period last year, the firm posted $1.48 earnings per share. Grand Canyon Education’s quarterly revenue was up 9.6% on a year-over-year basis. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS and its Q4 2025 guidance at 3.130-3.240 EPS. As a group, analysts predict that Grand Canyon Education will post 8.81 earnings per share for the current year.

Institutional Investors Weigh In On Grand Canyon Education

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LOPE. State of Alaska Department of Revenue boosted its position in shares of Grand Canyon Education by 252.6% in the 4th quarter. State of Alaska Department of Revenue now owns 16,106 shares of the company’s stock worth $2,676,000 after purchasing an additional 11,538 shares in the last quarter. Burney Co. raised its stake in Grand Canyon Education by 1.8% during the fourth quarter. Burney Co. now owns 3,873 shares of the company’s stock valued at $644,000 after buying an additional 68 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Grand Canyon Education by 83.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 21,257 shares of the company’s stock worth $3,535,000 after acquiring an additional 9,701 shares in the last quarter. BTC Capital Management Inc. boosted its holdings in Grand Canyon Education by 24.6% in the fourth quarter. BTC Capital Management Inc. now owns 3,652 shares of the company’s stock worth $608,000 after acquiring an additional 720 shares in the last quarter. Finally, Silver Oak Securities Incorporated purchased a new stake in shares of Grand Canyon Education in the fourth quarter worth $344,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc provides a suite of higher‐education services through a long-term agreement with Grand Canyon University (GCU), one of the nation’s largest private Christian universities. The company’s offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and non‐traditional learners.

Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.